In order to get the most accurate tax information for your unique situation, we highly recommend you consult your own CPA.
That being said, as an investor in a real estate syndication, you get the pass-through tax benefits of owning the real estate itself. This includes accelerated depreciation and cost segregation, which can help to lower the taxable passive income you receive.
Each year, you’ll receive a Schedule K-1 reporting your income and losses for the investment.
Further, if you’re a real estate professional, you may be able to apply these paper losses to your ordinary income as well. Again, consult your CPA for specifics.